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Scottish Provident UK reports 27 per cent jump in new business

Scottish Provident UK has reported a 27 per cent rise in equivalent premium income for the first six months of the year.

The figures to June 30, reveal the EPI up by £8.6m to £41.1m from £32.5m for the same period last year.

Regular premium business jumped 30 per cent to £31.4m from £24.1m the previous year, a £7m rise. While single premiums were up 17 per cent to £97.5m from £83.6m over the same period of 1998.

Its chief executive Barry Rose says: &#34Its been an outstanding year so far. I am confident we can only improve on premium sales, particularly as we are planning to launch a major product initiative to the market this year.&#34


London house prices to soar

House prices in London could soar by 26 per cent over the next two years according to a report by the Centre for Economics and Business Research.The report says the buoyant housing market is being fuelled by the booming economy and rising salaries.In 1998 the CEBR predicted prices would rise by 40 per cent before […]

B&CE Insurance appoints new board member

B&CE Insurance has appointed Ken Green to its board.Green is currently chairman of The Loss recovery Group and works as an independent business and strategy consultant. He has 40 years experience in the insurance industry.B&CE Insurance chairman Sir Trevor Hughes says: &#34Ken is an extremely experienced and highly regarded practitioner, and I know that he […]

Yorkshire based IFA launches asset management arm

Yorkshire based IFA and general insurance broker RP Hodson is launching its own investment armRP Hodson Asset Management aims to offer investors a range of services from portfolio analysis to advisory management on collective investments such as unit trusts and offshore bonds.The firm has appointed Andrew Rattray to head up the firm as managing director […]

IFAA to wind up after law pledge

The curtain will fall on the IFA Association next month after a turbulentfive years of existence.IFAA board members have decided to recommend the winding up of theassociation after receiving guarantees of financial support to fightpotential law suits from unhappy former members.The disbanding of the IFAA, necessary to funnel its 2,600 members into thenew Association of […]


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